Navoiy
Encyclopedia
Navoiy also spelled as Navoi is a city (pop 125,800 in 2007) and the capital of Navoiy Province
Navoiy Province
Navoiy Province is a viloyat of Uzbekistan located in the northwest of the country. The Kyzyl-Kum Desert takes up a large portion of its territory, which is the largest of the provinces of Uzbekistan except for the autonomous Karakalpakstan Republic. Navoiy Province borders with Kazakhstan,...

 in the southwestern part of Uzbekistan
Uzbekistan
Uzbekistan , officially the Republic of Uzbekistan is a doubly landlocked country in Central Asia and one of the six independent Turkic states. It shares borders with Kazakhstan to the west and to the north, Kyrgyzstan and Tajikistan to the east, and Afghanistan and Turkmenistan to the south....

. It is located at latitude 40° 5' 4N; longitude 65° 22' 45E, at an altitude of 382 meters.

History

Originally known as Kermine ("Karmana") under the Emirate of Bukhara
Emirate of Bukhara
The Emirate of Bukhara was a Central Asian state that existed from 1785 to 1920. It occupied the land between the Amu Darya and Syr Darya rivers, known formerly as Transoxiana. Its core territory was the land along the lower Zarafshan River, and its urban centres were the ancient cities of...

, the city was re-founded in 1958, under the name of the great Uzbek
Uzbekistan
Uzbekistan , officially the Republic of Uzbekistan is a doubly landlocked country in Central Asia and one of the six independent Turkic states. It shares borders with Kazakhstan to the west and to the north, Kyrgyzstan and Tajikistan to the east, and Afghanistan and Turkmenistan to the south....

 poet
Poet
A poet is a person who writes poetry. A poet's work can be literal, meaning that his work is derived from a specific event, or metaphorical, meaning that his work can take on many meanings and forms. Poets have existed since antiquity, in nearly all languages, and have produced works that vary...

 and statesman Alisher Navoi, who wrote in Persian
Persian language
Persian is an Iranian language within the Indo-Iranian branch of the Indo-European languages. It is primarily spoken in Iran, Afghanistan, Tajikistan and countries which historically came under Persian influence...

 and Chaghatai
Chagatai language
The Chagatai language is an extinct Turkic language which was once widely spoken in Central Asia, and remained the shared literary language there until the early twentieth century...

 at the court of Emir Husein Boykara (or Husayn Bayqaro
Husayn Bayqarah
Husayn Bayqarah was a Timurid ruler of Herat from 1469 to 1506, with a brief interruption in 1470. His father was Mansur, a great-grandson of Timur...

) in Herat
Herat
Herāt is the capital of Herat province in Afghanistan. It is the third largest city of Afghanistan, with a population of about 397,456 as of 2006. It is situated in the valley of the Hari River, which flows from the mountains of central Afghanistan to the Karakum Desert in Turkmenistan...

.

Economy

Navoiy Region has large stocks of natural gas and deposits of precious metals, as well as large stocks of raw materials for production of construction materials. Among these enterprises are Navoi and Zarafshan Gold Mining and Metallurgical Complexes, which extract one of the purest gold in the world. The enterprise NavoiyAzot is the largest producer of mineral fertilizers in the country.

Navoiy Free Industrial Economic Zone (FIEZ)

According to the Decree of the President of Uzbekistan, Free Industrial Economic Zone (FIEZ) with special conditions for foreign investments have already created in Navoi Province of Uzbekistan, in the area of Navoiy Airport
Navoiy Airport
Navoi International Airport is an airport of entry in Navoi, Uzbekistan.-Airlines and destinations:...

.

FIEZ is designed to promote a wide range of high-tech and internationally competitive production using modern high-efficiency equipment, technological lines and units, as well as latest innovations. The operation period of FIEZ is 30 years with possible prolongation.

Business entities registered in FIEZ will enjoy exceptional customs, currency and tax regulations, simplified procedure for entry, stay and obtaining of work permit for non-resident citizens. They shall be exempt from paying land, property, income, development of social infrastructure, single payment (for small businesses) taxes, mandatory payments to Republic’s Road Fund and Fund of School Education, depending on the amount of direct investments:

from 3 to 10 million euros - for 7 years;
from 10 to 30 million euros - for 10 years, with reduction of profit and unified tax payment rates by 50% in the next 5 years;
more than 30 million euros - for 15 years, with reduction of profit and unified tax payment rates by 50% in the next 10 years.
Along with this, business entities will be exempted from paying customs duties (excluding charges for customs clearance) for equipment, raw materials and components imported for the production of export oriented goods. They will be able to make payments in foreign currency within the FIEZ, as well as to use convenient terms of payments for exported and imported goods.

Coordination and management of FIEZ activity will be carried out by Administrative Council composed of representatives of state bodies and zone administration. The Council can select international company to manage the zone on a contract basis. It is envisaged to create a FIEZ development fund aimed to support infrastructure development.

Noadays, 13 joint ventures operate in Navoi FIEZ which produce car components, ADSL modems, LED lamps, cosmetics, diapers, and many other.

Navoi province is located in the central part of Uzbekistan, being one of the largest industrial centres of the country. The province possesses rich minerals and raw materials resources – Muruntau gold-bearing field, silica sand fields (of more than 1.5 billion tons), deposits of granite (1.9 billion cubic meters), marble (420 million cubic meters), phosphorites (1.5 billion tons) and many others.

Navoi Mining and Metallurgy Combinat – the biggest enterprise of the province, is included in top ten largest world producers of uranium and gold (9999 standard). Gold bars produced by the Combinat are awarded with the status of “optimal gold delivery” by London Precious Metals Market and Tokyo Commodities Exchange. Along with mining, the province’s economy is based on production of building materials, chemical, textile and food industries.

40 foreign investment enterprises operate in Navoi province. Most of them are established with participation of investors from USA, China, Russia and the United Kingdom – Uzbek-British Joint Venture “Amantaytau-Goldfields” is successfully working in the province.

Transportation

The Zone will be located at a distance of 800 meters from the highway E-40, 1,8 km from the cargo terminal of Navoiy Airport
Navoiy Airport
Navoi International Airport is an airport of entry in Navoi, Uzbekistan.-Airlines and destinations:...

, connected to international railway routes towards countries of Europe (via Russia), South Asia (via China), Middle East and the Gulf (via Iran). The distance to the nearest water and gas distribution centres is 800 m, electrical station - 8 km. In August 2010, Hanjin Group (the parent of Korean Air) opened a new cargo terminal at Navoiy Airport
Navoiy Airport
Navoi International Airport is an airport of entry in Navoi, Uzbekistan.-Airlines and destinations:...

.

External links




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